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Labour Market Conditions After The First Rate Hike


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Industry Dynamics

UBS Shuts China Operations: Fund Closures, Layoffs Expected 

Today’s News  According to three sources familiar with the matter, UBS is taking steps to streamline its China private funds business, including shutting down some funds and reducing staff by one-third as part of a cost-cutting measure. Out of the 19 private funds launched by UBS since 2016, up to 17 equity and bond funds […]

2024-4-19 | Industry Dynamics

S&P 500's Losing Streak Signals Fading Rate-Cut Hopes 

Today’s News  Stocks extended their downward trajectory on Wednesday, deepening the April selloff as investors shifted away from expecting imminent interest-rate cuts. The S&P 500 experienced a 0.6% decline, marking its fourth consecutive session of losses, while the Nasdaq Composite dropped 1.1%, and the Dow Jones Industrial Average dipped 0.1%, losing 46 points.  This losing […]

2024-4-18 | Industry Dynamics

Market Reaction To Iran Attack Deflates Bubble Worries 

Today’s News Iran launched a barrage of drones and missiles towards Israel, sparking concerns over geopolitical risks and potential war. However, the market’s response to this attack sheds light on investor sentiment, revealing a balance between high stock valuations and reasoned judgment. Despite initial jitters, investors showed resilience as they refrained from hastily dumping their […]

2024-4-17 | Industry Dynamics